In this article, we will talk about the list of popular companies that accepts payments in Dogecoin. Learn more about the options you have for spending your DOGE token.
Dogecoin isn’t the crypto to invest in if you want to get a new pet, but it is a fun cryptocurrency with a Shiba Inu, called “Doge,” as its mascot. In recent years, it has risen to become one of the world’s most popular digital currencies.
With its growing popularity, Dogecoin has been accepted as a payment mechanism by hundreds of businesses and merchants throughout the world. Discover who accepts Dogecoin and how it works.
Who could have predicted that Dogecoin (DOGE) would become so popular as a lighthearted memecoin that it would be accepted as payment by so many retail outlets and businesses? Transferring a cryptocurrency appears to be a hard procedure, almost like a sci-fi process, therefore a memecoin becoming a payment option was just inconceivable.
Dogecoin (DOGE) is a cryptocurrency, which is digital money that, unlike traditional or fiat currencies, is not backed by a government. Blockchain networks power cryptocurrency networks.
In 2013, two software developers invented Dogecoin. Billy Markus and Jackson Palmer, the inventors, followed in the footsteps of other recently released cryptocurrencies like Bitcoin and Litecoin. However, they added a humorous twist by developing dogecoin as a joke.
Why has Dogecoin gained traction among businesses?
For a number of reasons, businesses of different sizes have been willing to take DOGE as payment. Here are the most notable:
1. Dogecoin has unlimited supply which makes it suitable for everyday transactions.
2. The transaction fee for Dogecoin is significantly low.
3. It has a faster transaction time compared to Bitcoin.
The current increase in Dogecoin can be ascribed in part to Elon Musk’s remarks. His tweets have contributed to the rise in DOGE values. The appointment of Buterin and Birchall to advisory roles boosted the meme coin’s reputation, as did news of the cryptocurrency’s adoption of proof-of-stake (PoS).
List of companies that accept Dogecoin as payment method
Dogecoin has slowly grown in popularity, and various businesses all across the world now accept Dogecoin payments. If you look around, you will discover various stores that accept Dogecoin. And it’s not just some little e-commerce stores. Here are some companies and organizations that accept Dogecoin cryptocurrency payments.
1. AMC Theatres
AMC is the largest movie theater chain in the United States in terms of screen count. For ticket purchases, it allows crypto payments. AMC makes use of the BitPay service, which accepts cryptocurrencies including dogecoin, Bitcoin, Ethereum, and others.
2. Tesla
Tesla is one of the most valuable automotive businesses in the world, and its CEO is Elon Musk, a Dogecoin supporter. If you have enough dogecoins, you could purchase a Tesla.
The coin’s logo appears next to the Order button on all Tesla items that can be purchased using DOGE. The company’s Santa Monica supercharging station was the first in the company’s network to take Dogecoin as payment.
3. Newegg
Newegg is a big resource for electronics lovers and computer builders looking for parts ranging from graphics cards to hard drives and more. At the checkout, you can choose BitPay and pay using dogecoin.
4. Twitch
Twitch, a prominent live streaming site, now accepts Dogecoin as payment for their “Turbo subscription” plan, which includes enhanced chat capabilities, ad removal, and more video storage for broadcasts. When purchasing a membership, you must select the “More Methods” option. Amazon, the world’s largest online retailer, owns Twitch.
Twitch is notable for holding huge gaming events, which are frequently attended by more than 500,000 people at any given moment. Users can engage with the streamers in real-time. Anyone can make a living by streaming live video on Twitch. The cheerful Dogecoin community fits in nicely with the streaming service’s consumers.
5. CDKeys.com
CDKeys.com, which has over 20 years of business expertise, provides players with digital codes for popular games at reasonable costs. The site accepts cryptocurrencies such as Bitcoin, Paxos, Tron, Nano, Dogecoin, and others for game purchases.
6. airBaltic
airBaltic is a Latvian airline that was the world’s first to accept Bitcoin as payment for flights. Dogecoin and other cryptocurrencies are also accepted by BitPay’s services. airBaltic serves more than 70 destinations throughout Europe, the Middle East, and Asia.
7. Dallas Mavericks
The Dallas Mavericks, owned by billionaire Mark Cuban, use BitPay to accept popular cryptocurrencies as payment for tickets and goods. The Dallas Mavericks were the first NBA franchise to accept Dogecoin as payment.
Conclusion
Dogecoin is one of the cryptocurrencies that are currently a daily topic in finance. This meme coin is a bit unusual among cryptocurrencies because it was founded as a joke and was intended to bring pleasure and joy.
However, investors continue to perceive potential value in Dogecoin and other similar cryptocurrencies. Consider the dangers associated with crypto investments if they are of interest to your investing strategy.
Before investing in the next hot digital currency or stock, learn how to invest money by setting your goals and researching your possibilities.